News
The latest news, updates and analysis on the the UK retail industry. Covering every segment of the market, Retail Sector’s business journalists keep you in the picture.
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Feb- 2022 -22 February
Storm Eunice curtails footfall rise
Storm Eunice “heavily impacted” footfall across the UK, with a -3.8% decline from the week before and drops in all…
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22 February
Angling Direct ups guidance following year of strong sales
Angling Direct has upped its full-year guidance following a full year of strong trading, expecting to report a 7.2% increase…
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21 February
Wayfair strengthens technology leadership team
Wayfair Inc. has announced that Ashwin Rao has joined the company as chief science officer, and Niraj Nagrani as vice…
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21 February
Howdens chairman Richard Pennycook to retire from board
Howdens has announced that Richard Pennycook has indicated his intention to retire from the board with effect from 17 September…
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21 February
Matalan founder Hargeaves loses 20-year court battle over tax bill
Matalan founder John Hargreaves has lost a long-running court battle with HMRC as he attempts to avoid a tax bill…
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21 February
Made.com CEO to step down
Made.com Group Plc has announced that Philippe Chainieux will step down from his role today as chief executive officer (CEO)…
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21 February
Bira welcomes sales rise, but warns ‘all is not well’
The British Independent Retailers Association (Bira) has said it is “pleased to see a rise in retail sales”, but warned…
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21 February
Tesco removes 1.5 billion pieces of plastic packaging
Tesco has scrapped more than 1.5 billion pieces of plastic across the group following the launch of its 4Rs –…
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18 February
Overseas appetite soars for UK retail sector M&A
Overseas interest has created a surge in deal activity in the UK retail sector in 2021, with overseas acquirors presenting…
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18 February
Kering hails ‘record’ revenues of €17.64bn
Kering has reported “record” revenues of €17.64bn (£14.72bn) in FY21, up 35% year-on-year from €13.1bn (£10.93bn) and up 13% from…
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